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But when the price retested the bottom this afternoon, we entered another long. Now we’ll see if this move can make back what we lost early this morning. Honestly, that’s trading: don’t tilt after a loss; if the setup is there, you still have to take it. When a key level is reached, act, and leave the rest to the market. Going long at this level makes sense: the second test of the bottom held above the previous low, which shows that support below is still intact. Now it’s all about the strength of the rebound. Whatever it can rally, we’ll take it—first, let’s make back the loss from early this morning.
Don’t rush, guys. Take it one trade at a time. If you take a loss, find an opportunity to make it back, and don’t fight the market.
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